Wall Street Whistleblower Fraud Lawsuit | Financial / Securities Fraud Whistleblower
Wall Street Whistleblower Fraud Lawsuit, Whistleblower Wall Street Fraud Lawsuit | Financial Securities Fraud Whistleblower, Financial Fraud Whistleblower, Securities Fraud Whistleblower
Alonso Krangle LLP’s experienced whistleblower fraud lawyers helps whistleblowers nationwide to anonymously submit their information to the SEC and confidentially alert authorities of financial fraud and corruption. Alonso Krangle LLP Is Investigating Whistleblowers’ Claims Of Financial Security Fraud, Mortgage Fraud, IRS Tax Fraud, And Foreign Corrupt Practices Act Violations.
Alonso Krangle LLP whistleblower fraud lawyers help financial sector employees know their whistleblower rights if they choose to disclose statements and documents anonymously. If you know of fraud in the financial sector, or fraud perpetrated against the U.S. government by the financial sector, Alonso Krangle LLP can ensure your rights and help you file anonymously so you’re are protected from retaliation.
Employees who become whistleblowers due to financial and security fraud schemes are protected under the Dodd-Frank Act (Dodd-Frank Wall Street Reform and Consumer Protection Act) of 2010. This reform measure was enacted to curb Wall Street after the U.S. financial collapse of 2008 due to rampant mortgage fraud schemes. The Dodd-Frank Act provides whistleblowers incentives to disclose information on illegal conduct by top corporate officers, executive officers and other employees who violate federal securities and commodities exchange laws. To protect whistleblowers from retaliation the measure also prohibits employers from firing, suspending, harassing or discriminating against whistleblowers.
Whistleblowers Uncover Illegal Fraud Activity
Reuters reported in March 2014, that a whistleblower was paid $63.9 million for providing information regarding the alleged defrauding of the U.S. government into insuring flawed home loans by JPMorgan Chase & Co. Chase was hit with a $614 million penalty to resolve the claims.
In 2013, one of the largest whistleblowers fraud cases charged under the Dodd-Frank Act involved JPMorgan Chase Bank, N.A. Chase Bank’s London traders were accused of manipulation trading of certain credit default swaps by the U.S. Commodity Futures Trading Commission. After bank officials admitted to violating the Dodd-Frank act a $100 million civil penalty was levied against the to settle the claims.
[http://www.cftc.gov/PressRoom/PressReleases/pr6737-13, October 16, 2013]
Whistleblowers and awards, are not limited to United States citizens. The U.S. Securities and Exchange Commission (SEC) in September 2014 announced that an award of $30 million was granted to a whistleblower from another country. The SEC, however, did not identify the foreign whistleblower or the specific case or information the person provided that led to the enforcement due to an ongoing fraud investigation that would have otherwise been very difficult to detect.
[http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370543011290, September 22, 2014]
“These record-breaking awards “sends a strong message about our commitment to whistleblowers and the value they bring to law enforcement,” said Andrew Ceresney, Director of the SEC’s Division of Enforcement.
Financial rewards between 10 to 30 percent of the amount collected are awarded to whistleblowers whose information results in the government’s successful enforcement action and exceeds $1 million because of the whistleblower’s information.
“Whistleblowers help reign in fraud on multiple levels and the laws are designed so that whistleblowers play a pivotal role in helping to protect government and financial institutions from fraud that may otherwise go unchecked,” says Alonso Krangle LLP, a law firm with the experience and in-depth knowledge of whistleblower / Qui Tam laws.
About Alonso Krangle LLP And Filing A Financial / Securities Fraud Whistleblower Complaint
Andres Alonso and David Krangle, attorneys with over 40 years of collective legal experience, have focused their law practice on the handling of significant Financial / Securities Fraud Whistleblower claims, qui tam/whistleblower actions, personal injury cases, defective drug and medical device litigation, construction site accidents, nursing home abuse, medical negligence and consumer fraud cases. A nationwide law firm representing injured victims throughout the U.S., Alonso Krangle LLP is headquartered in Long Island, New York, with offices in New York City, and New Jersey.
Alonso Krangle LLP’s experienced Financial / Securities Fraud Whistleblower lawyers represent whistleblowers nationwide to anonymously submit their information to the SEC. Our Financial / Securities Fraud Whistleblower attorneys will evaluate your case CONFIDENTIALLY and help a whistleblower prepare and anonymously submit their information to the SEC and other regulators ensuring that your Whistleblower claim complies with whistleblower requirements and will work with you as your claim progresses. For more information about Alonso Krangle or to learn more about our Financial / Securities Fraud whistleblower representation services, please contact us to discuss your matter in confidence at 1-800-403-6191 or confidentially contact us through or site, www.FightForVictims.com